Wallenius Wilhelmsen Asa · OSL:WAWI
Wallenius Wilhelmsen Asa — ESG Presentation (August 2023)
32 slides from Wallenius Wilhelmsen Asa's sustainability presentation, Aug 31, 2023
Slide 1: Sustainability Investor Presentation
Sustainability Investor Presentation Managing the impacts of climate change and biodiversity 31.08.2023
Slide 2: Agenda
Agenda 1. Introduction to WAWI 2. Sustainability 3. Climate 4. Biodiversity 2
Slide 3: A logistics provider built on a strong history
A logistics provider built on a strong history ~8,875 125 • 2017 merger of companies with >150-year history Employees Vessels in across 29 operation countries • Listed on Oslo Stock Exchange (ticker: WAWI) with a market cap of USD 3.39bn* • Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB largest
Slide 4: Our overarching goal is to be the preferred partner in end-to-end vehicle logistics
Our overarching goal is to be the preferred partner in end-to-end vehicle logistics 4
Slide 5: Agenda
Agenda 1. Introduction to WAWI 2. Sustainability 3. Climate 4. Biodiversity 5
Slide 6: Sustainability Governance
Sustainability Governance • Sustainability is on the Board’s agenda 3x annually and • Sustainability is on every Audit Committee meeting agenda • Board approves business strategy and double materiality analysis Board • Board reviews sustainability targets annually and, • Signs off Annual Report whic
Slide 7: The four pillars of managing sustainability at WAWI
The four pillars of managing sustainability at WAWI Principles of Governance People Planet Prosperity Transparent, with strong Safe & inclusive workplace Decarbonize and reduce our Solving the biggest ethical business conduct where human rights are environmental impact challenges while creating new
Slide 8: What matters the most? Results of WAWI's double materiality assessment
What matters the most? Results of WAWI’s double materiality assessment TOPICS Very significant 1 Climate change 2 Waste and Circular economy Biodiversity and Marine 3 environment 4 Pollution Financial materiality Safe and Secure 5 Significant Operations 9 Diversity, Equity and 6 3 1 Inclusion Workin
Slide 9: Agenda
Agenda 1. Introduction to WAWI 2. Sustainability 3. Climate 4. Biodiversity 9
Slide 10: Assessing our exposure – climate-related financial risks
Assessing our exposure – climate-related financial risks • TCFD journey started in 2020 with disclosures relating to 8 of 11 TCFD recommended disclosures • Enhanced our disclosures with our first CDP reporting in 2021 • In 2021, we also identified company specific climate risks and opportunities • I
Slide 11: In 2023, we completed a comprehensive Scenario assessment of 1.5c and 4c
In 2023, we completed a comprehensive Scenario assessment of 1.5co and 4co temperature increase by 2100 Phase 1 Impact identification Phase 2 Scenario assessment Stakeholder Risk Risk Industry Scenario Parameter Qualitative Results interviews Assessment Register Analysis Development Selection Assess
Slide 12: Managing technological transition risks will continue to be the focus area
Managing technological transition risks will continue to be the focus area to mitigate financial impact of climate change 12
Slide 13: Preparing for a 1.5c degree future will enhance resilience
Preparing for a 1.5c degree future will enhance resilience and mitigate impacts of climate-related financial risks 1.5oC – Structured Transition RO1 RO22 RO2 2050 PESTEL Progress towards 1.5ºC Progress towards 4ºC RO21 RO3 Driving forces “Structured Transition” “Disorganized Transition” RO20 RO4 203
Slide 14: Decarbonization is a central part of our business strategy
Decarbonization is a central part of our business strategy Ambition Enablers We will lead the way in transforming Ensure safety and shipping and logistics compliance leadership Goals Work as one Become the leading Be our Grow with customers supply chain and customers’ first and partners sharing mobi
Slide 15: In 2023 we established the Orcelle Accelerator
In 2023 we established the Orcelle Accelerator A dedicated cross-functional task force reporting to the CEO Mandate Accelerate WAWI’s efforts to the energy transition and meet our strategic ambitions by: Securing new energy sources Engaging our customers Utilizing new technologies
Slide 16: Our trajectory to cut CO2 intensity by 27.5% (2030 vs. 2019)
Our trajectory to cut CO2 intensity by 27.5% (2030 vs. 2019) 10,00 9,30 • High market activity coupled with global supply chain 9,00 disruptions and port congestions, resulted in us not CgDISt (gram CO2/GT*nm) 8,00 8,71 meeting our projected CO2 intensity in 2022. 7,00 6,56 5,89 7,34 6,00 5,23 6,33
Slide 17: We are working to reach our target through technical upgrades and operational improvements
We are working to reach our target through technical upgrades, operational improvements and asset replacement Initiatives to reach our target Technical Operational Asset • A priority in 2022 was to achieve a granular understanding of how our fleet can be developed to contribute to our carbon upgrade
Slide 18: The first global shipping company to adopt a fully AI-based approach to voyage optimization
The first global shipping company to adopt a fully AI-based approach to voyage optimization, targeting 10% fuel savings Operational improvement • Data-driven voyage optimization (e.g., speed and route) • Advanced AI models combining vessel model, sensor data and weather forecasts • Real-time decisio
Slide 19: New vessels will support our net zero ambitions
New vessels will support our net zero ambitions Asset replacement • Signed a letter of intent for delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight vessels • Vessels designated as the “Shaper Class” • The options are declarable in tw
Slide 20: We're working to decarbonize our fleet on land, too
We’re working to decarbonize our fleet on land, too Asset replacement • Much like the efforts being made to reduce emissions of our vessels, our transportation team worked with Einride to understand how these BEV trucks would impact existing operations and service performance for our customers. • Wi
Slide 21: The Orcelle terminal in Zeebrugge - fully powered by wind
The Orcelle terminal in Zeebrugge - fully powered by wind Zeebrugge expansion – with sustainability in mind • 2 (+3) Windmills (supplying energy for entire site) • Metal prefab buildings instead of concrete • Heat pump for heating of workshops • Solar panels for electricity • Water recycling for car
Slide 22: Agenda
Agenda 1. Introduction to WAWI 2. Sustainability 3. Climate 4. Biodiversity 22
Slide 23: Assessing our exposure nature-related financial risks
Assessing our exposure nature-related financial risks • As a global logistics provider, we have an impact on biodiversity in many ways, especially life below water. • The most important impact are identified as: • Invasive species, through ballast water, hull fouling and cargo • Whale migration rout
Slide 24: Supporting ocean health and understanding
Supporting ocean health and understanding Preserving Minimizing Protecting Supporting Biodiversity waste Cetaceans research • Industry leader in hull-fouling • Longstanding leader on • Sapphire Award recipient in • First carrier to join Woods Hole management thru responsible vessel recycling, 2022 B
Slide 25: Appendix
A\ Appendix 25
Slide 26: Investors demand transparency on issuers' sustainability issues and targets
Investors demand transparency on issuers’ sustainability issues and targets Certain high yield investors have developed a list of 21 questions which we answer in the next slides ESG questionnaire: General industry Please list the industry’s three biggest sustainability (ESG) related challenges and b
Slide 27: ESG questions: Environment (1/2)
21 ESG questions: Environment (1/2) ESG questionnaire: Environment Please list the firm's three primary risks related to climate change and if any, the firm's Risks climate related opportunities • Transitioning to low emitting propulsion technologies with uncertain long-term viability. • Lock-in emi
Slide 28: ESG questions: Environment (2/2)
21 ESG questions: Environment (2/2) ESG questionnaire: Environment Transition related risks (for example changed customer preferences or legislation): Do you In addition to the identified climate risks listed on the previous page, we anticipate increased focus from investors, lenders, and anticipate
Slide 29: ESG questions: Social
21 ESG questions: Social ESG questionnaire: Social Does the firm have a history of accidents? If so, how have these been managed? Are • WAWI track all incidents, including first aid, medical treatment, lost time injuries and quality incidents. Any fatalities, lost time injuries there any preventive
Slide 30: ESG questions: Governance (1/2)
21 ESG questions: Governance (1/2) ESG questionnaire: Governance Do all staff members receive continuing education on anti-corruption? Is there an external With the last known customer claim concluded, we have financially put the Anti-Trust case behind us. whistle-blower function? Are there any ongo
Slide 31: ESG questions: Governance (2/2)
21 ESG questions: Governance (2/2) ESG questionnaire: Governance Which KPIs dictate the remuneration to management (are sustainability and diversity goals WAWI’s remuneration policy covers all employees and is developed to ensure the Company attracts and retains competent included)? employees. The b
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